Apple stock climbs to more than $100 a share

Apple stock hit an all-time high of $100.53 a share on Tuesday morning.

Apple IPads Sales Down

In this photo illustration the logo on an Apple iPad is seen on August 6, 2014 in London, England. (Photo illustration by Peter Macdiarmid/Getty Images)

That amount was the highest since September 2012. Back then, shares were valued at about $100.30, according to the Wall Street Journal, which factored in Apple’s stock split.

Investors have been looking forward to the launch of the iPhone 6 and the rumored Apple “iWatch.” In the second quarter, Apple’s earnings performance was a mixed bag, beating analyst expectations on profit, but not on revenue.

Profit rose 20 percent to $1.28 per share, up from $1.07 a year ago. Revenue increased 6 percent to $37.4 billion.